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Lendlease hit with $112m tax bill over retirement business
John KehoeEconomics editor
Besieged property group Lendlease has been hit with an initial $112 million bill from the Australian Taxation Office, in a dispute that could ultimately cost it more than $300 million.
Lendlease has received an amended tax assessment from the Tax Office related to the purchase and sale of shares in a retirement living business, an industry source told The Australian Financial Review on Friday.
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